All the headlines from our Liberty Mutual Topic Page, ordered by recency.
Sep 3 2001 // The books are closed on 2000 Texas premium and loss information for the insurance industry. IIAT’s annual review of market share data contains a few surprises, some good news and some bad news. Here are the...
Aug 31 2001 // Ninety-five percent of business executives report that workplace safety has a positive impact on a company’s financial performance, according to the findings of “The Executive Survey of Workplace Safety”...
Jul 24 2001 // Liberty Mutual Group is adding to its operations in Spain by purchasing Royal & Sun Alliance’s property and casualty and life insurance operations in the country.The purchase will expand Liberty Mutual...
Jun 18 2001 // One of New Jersey’s top five auto insurers is considering its options as a result of an announcement last week by State Farm Indemnity Co. which indicated it was withdrawing from selling auto insurance in the Garden...
Apr 30 2001 // I visited Liberty Mutual’s website recently and read information about the company’s plans to form a mutual holding company. It sounds like a great deal for policyholders: a more efficiently organized,...
Apr 23 2001 // I visited Liberty Mutual’s website recently and read information about the company’s plans to form a mutual holding company. It sounds like a great deal for policyholders: a more efficiently organized,flexible,...
Mar 21 2001 // SAFECO has appointed Bill Lebo as interim chief operating officer for SAFECO Personal Insurance, the company’s largest insurance segment. Lebo, 55, will continue to serve as executive vice president for...
Mar 19 2001 // Circumventing independent agents. Undermining agents’ sales. These are phrases that don’t set well with Safeco CEO Mike McGavick. And it’s no wonder. Appointed as the man to turn the struggling...
Mar 15 2001 // Safeco is looking for a buyer for its commercial credit and leasing subsidiary, a move that could reduce the amount of debt on SAFECO’s consolidated balance sheet by nearly half.“Our credit company has been...
Mar 9 2001 // Seguros Caracas, the Venezuelan unit of U.S. insurance firm Liberty Mutual, has purchased local rival Seguros Panamerican for $56 million Thursday, creating the largest insurance company in the country. Seguros Caracas...
Mar 8 2001 // Safeco Corp. is looking at alternative ways to market and sell policies as part of a plan to help turn around the struggling Seattle insurer. The Seattle Post-Intelligencer reported Wednesday that Safeco could move into...
Mar 6 2001 // Liberty Mutual Insurance Co. lent its cooperation in an investigation, conducted by the Westchester district attorney’s office, the Westchester County Dept. of Public Safety, the New York State Police and the New...
Jan 30 2001 // Safeco Select Insurance Services, a member of the Safeco Corp., announced that it has formed a new Optional Products Program to be marketed to financial institutions seeking new opportunities for fee income. Through...
Jan 25 2001 // Liberty Mutual Insurance Co.’s plan to demutualize came under political fire Wednesday, marking the second time politicians have taken issue with the restructuring plan. The Boston City Council voted Wednesday to...
Jan 23 2001 // Liberty Mutual announced that its Liberty International unit would purchase Hartford Seguros, The Hartford Financial Services Group’s Spanish subsidiary, for an undisclosed amount. The company, which will be renamed...
Jan 12 2001 // Safeco Corp. expects to report an operating loss of 5 cents to 10 cents per share for the fourth quarter, falling well short of analysts’ predictions of a profit of 19 cents per share. The Seattle company’s...
Jan 8 2001 // The demarcation between years always seems to take on a contemplative aspect. We look back to where we’ve been, and then look forward to weigh our expectations. Will the market continue to harden? Will the dot-coms...
Dec 22 2000 // Safeco Corp. has named William G. Reed Jr., a member of the insurance and investment company’s board of directors, as chairman and chief executive until a permanent replacement is found. Reed, 61, will take the job...
Dec 6 2000 // Mexico’s Grupo Financiero Inbursa announced that it had purchased Liberty Mexico Seguros from Liberty Mutual, its parent company, for $11.5 million. Inbursa operates Seguros Inbursa, and plans to merge...
Nov 16 2000 // Liberty Mutual Insurance Co. served summons and complaints this week against Scott Greenberg, D.C., a New Jersey chiropractor whom the company claims defrauded personal injury protection benefits through an intricate...